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Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource: philstar philstarFeb 25th, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian

New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

Liz Tagimacruz: ‘You shouldn’t consider your age as a limiting factor’

Liz Tagimacruz: ‘You shouldn’t consider your age as a limiting factor’.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Tuguegarao, Palawan init factor pumalo sa 43°C

Naitala ng Pagasa ang pinakamataas na heat index nitong Biyernes, Abril 5, sa Tuguegarao City, Cagayan at sa Aborlan, Palawan na umabot sa 43°C. The post Tuguegarao, Palawan init factor pumalo sa 43°C first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Philippine’s Trans Dual Diva Sephy Francisco handang-handa na sa major concert

THIS Is Me, Sephy ang titulo ng kauna-unahang major concert ng Philippine’s  Trans Dual Diva at napanood sa X Factor UK/ I Can See Your Voice Korea na si Sephy Francisco na gaganapin sa  Rampa Drag Club sa 40 Eugenio Lopez Dr. Diliman Quezon City sa January 26, 2024.  Ang This Is Me Sephy ay hatid ng BB House Of Talentels nina Businesswoman ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 23rd, 2024

MVP, Ang agree to include assets in Indonesia in tollways merger

Businessmen Manuel V. Pangilinan and Ramon Ang have agreed to include the Indonesian projects of Metro Pacific Tollways Corp. in their planned mega-tollways merger......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

BDO Unibank, SM Keppel Land announce merger deal

BDO Unibank, SM Keppel Land announce merger deal.....»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024

Hotel101 signs merger deal

Hotel101 signs merger deal.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Opposition reveals some 2025 Senate bets | The wRap

The wRap highlights: 2025 elections, PLDT-Sky Cable deal, Taylor Swift in Singapore.....»»

Category: newsSource:  rapplerRelated NewsFeb 23rd, 2024

ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT

ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

PRO3: Copper cable theft attempt foiled

PRO3: Copper cable theft attempt foiled.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

NGCP starts fixing damage on UN Avenue underground cable

MANDAUE CITY, Cebu – Personnel of the National Grid Corporation of the Philippines (NGCP) on Tuesday checked the underground cable, the 138 kilovolts line, that was accidentally damaged by personnel of a contractor of the Visayan Electric. But NGCP foreman Arnold Rebutazo said that they will still have to excavate the affected area to determine.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

Globe submarine cable segment

Globe submarine cable segment.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Eastern Communications activates submarine cable PDSCN ‘Express Route’

Eastern Communications activates submarine cable PDSCN ‘Express Route’.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Converge and DITO team up to share select fiber optic cable infrastructure

Converge and Dito Telecommunity put out a joint press release yesterday to announce the signing of what they call a Master Facilities Provisioning Agreement (MFPA) for the sharing of select land-based and undersea fiber optic cable assets......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Debt balloons to P14.8 trillion

The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024